Clean Growth Fund II announces second close after LGPS scheme commitments

Border to Coast makes £22.5m commitment while Strathclyde adds £10m to existing stake

Jonathan Stapleton
clock • 3 min read
The Border to Coast Pensions Partnership is based in Leeds
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The Border to Coast Pensions Partnership is based in Leeds

Border to Coast Pensions Partnership and Strathclyde Pension Fund have made commitments to Clean Growth Fund II as the venture capital structure announces its second close at £81.5m.

The £120bn Border to Coast pool committed £22.5m to the climate tech fund through its UK Opportunities Fund, which launched in 2024 to seek long-term returns for its Local Government Pension Scheme...

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